Settlement Reached In Court Case Surrounding Mike Postle Poker Cheating AllegationsIn A Time Extension Filing, Attorney Mac VerStandig States That Both Sides Have Agreed To A Settlement |
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The plaintiffs in the court case surrounding the Mike Postle cheating allegations are likely to receive a settlement, according to the latest filing in the case.
Veteran gaming attorney Mac VerStandig, who is representing the 88 plaintiffs, filed a third request for a time extension for an amended complaint on August 5. In the filing, VerStandig states that a settlement has been reached, but the two sides need more time to work out the details.
The original complaint was thrown out of the U.S. District Court in the Eastern District of California by Judge William B. Shubb in June.
“Counsel for the parties have reached an agreement as to the principal terms of a settlement of this case, but require additional time to finalize the settlement,” wrote VerStandig in the filing.
VerStandig also noted that since the case isn’t a class action lawsuit, more time is needed. The attorney must communicate with all 88 plaintiffs individually and verify that they agree to the terms of the settlement.
Postle is accused of cheating in low-stakes live streamed poker games at Stones Gambling Hall in the Sacramento area. Based on his unorthodox play and consistent winning sessions that led to him winning upwards of $300,000 in mostly $1-$3 and $2-$5 no-limit hold’em games, many in the poker community believe he had access to the hole cards.
The accusations were originally brought to light by former Stones employee Veronica Brill last fall. Several high-stakes poker pros agreed with Brill’s accusations based on the statistical unlikelihood of Postle winning that much money at those stakes coupled with his on-camera plays.
After Shubb dismissed the initial case two months ago, VerStandig tweeted that the case was not dead and he was going to continue to exhaust legal options before giving up. It seems likely that negotiations took place between the two sides as VerStandig began drafting an amended complaint.
The filing gave the plaintiffs until September 11 to file the amended complaint. It’s likely terms of a settlement will be reached by that point. You can read the entire filing by clicking on the image below.
Postle is still fighting a second legal battle in Nevada with poker pro and vlogger Marle Cordeiro.
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